Quote from porgie:
.....confidence erodes as weak system disappoints over and over....then the LEAD PAWS SYNDROME SETS IN....not many make it.....and t hose that do individually are almost non existent, despite what you see written on the spoof forum...................
Porgie that is so true.....
I'll be serious for minute here.... If you have any "mental demons" in your trading, then nothing else matters... you WILL lose money. Demons will take any system or edge that you think you have....and they will shove it up your ass and then kick you in the teeth and send you home crying. I don't care who you are... if you first can not control the demons... then don't bother going any further... do not pass GO...do not collect $200.
Some traders suggest that its you against the market... against all those big professional money managers.....not true.....
Its you against yourself. As far as competing against all those giant money professionals.. YOU don't..... thats not your role.
Your job is to be a parasite.... riding their moves on that small window that gives you the greatest odds.
These are the reasons why someones IQ has little or no bearing to ones trading ability. Its all a mind F*ck.
Markets change... tulips - YM.... mans psychology does not
